Nama Chemicals Co (NAMA CHEMICALS) News - Mubasher Info
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19 July 05:26 AM

Nama Chemicals Co (2210)

Last update: 17 July 03:10 PM market time.
26.48
-1.82
-6.43%
Open 26.56
Previous Close 28.30
High 26.76
Low 26.42
Stock Statistics
Volume 44,525
Turnover 1,180,657.74
All data are 15 minutes late during market session

News

Photo Archive
30 December 2024 06:38 PM Nama Chemicals extends joint agreement to establish investment fund
Riyadh – Mubasher: Nama Chemicals Company inked a joint deal with Hadaj Investment Company, a subsidiary of the Saudi Industrial Export Company (SADIRAT), and FAAD Capital Partners Company. The parties agreed to extend the non-binding agreement, …
Companies Investments
Photo Archive
16 September 2024 11:57 AM Nama Chemicals unveils SAR 35.5m loan from NBK
Riyadh – Mubasher: Nama Chemicals Company rescheduled its SAR 35.50 million loan from the National Bank of Kuwait (NBK) on 15 September 2024, according to a bourse disclosure. The existing loan is set to mature on 24 October 2025, while the tenor …
Banking and Finance
Photo Archive
28 April 2024 05:15 PM Nama Chemicals enters up to $45m deal with Swiss firm AIS
Riyadh – Mubasher: Nama Chemicals Company has signed an agreement with AIS Company, which falls under the regulation of the Swiss Financial Market Supervisory Authority (FINMA), to issue Murabaha financing. The Sharia-aligned funding is worth up …
Banking and Finance
Photo Archive
3 April 2024 04:33 PM Nama Chemicals’ unit secures facility deal
Riyadh – Mubasher: Jubail Chemical Industries Company (JANA), a subsidiary of Nama Chemicals Company, penned a short-term Murabaha facility agreement with Saudi Export-Import Bank (EXIM). JANA obtained SAR 35 million from the lender, on 3 April …
Banking and Finance
Photo Archive
20 December 2022 03:53 PM Nama Chemicals secures SAR 90m loans from Riyad Bank, NBK
Riyadh – Mubasher: Nama Chemicals Company obtained SAR 90 million facilities from Riyad Bank and the National Bank of Kuwait (NBK) on 19 December 2022, according to a bourse disclosure. The Saudi firm penned a Murabaha facility deal worth SAR 60 …
Sukuk and Islamic Finance
Photo Archive
18 December 2022 05:42 PM Nama Chemicals’ JANA inks SAR 56.5m deal with consortium
Riyadh – Mubasher: Jubail Chemicals Company (JANA), a subsidiary of Nama Chemicals Company, penned a SAR 56.53 million agreement with a consortium consisting of Green Dimension Company and Confident Engineering International Company. The Saudi …
Companies Investments
Photo Archive
14 March 2022 08:03 PM Nama Chemicals turns profitable in 2021
Riyadh – Mubasher: Nama Chemicals Company has turned to net profits after Zakat and tax worth SAR 27.33 million last year, against net losses worth SAR 45.24 million in 2020. Revenues soared by 26.18% to SAR 554.27 million in 2021 from SAR 439.24 …
Financial Results
Photo Archive
24 February 2022 04:33 PM Nama Chemicals names new Chairman, Vice Chairman
Riyadh – Mubasher: Nama Chemicals Company has appointed Faiz Ahmed Alahamri as its new Chairman for the upcoming three years starting from 17 February 2022. The Saudi listed company also named Abdullah Hajres Alsubayel as Vice Chairman, according …
Management Decisions
Photo Archive
28 November 2021 00:09 PM Nama Chemicals inks deal to restructure SAR 452m loans with SIDF
Riyadh – Mubasher: Nama Chemicals Company has signed a final agreement to restructure existing loans worth SAR 451.626 million with the Saudi Industrial Development Fund (SIDF). The loan was restructured after paying Yansab shares sale proceeds …
Companies Investments
Photo Archive
31 October 2021 04:04 PM Nama Chemicals turns profitable in Q3, nine months
Riyadh – Mubasher: Nama Chemicals Company recorded net profits after Zakat and tax worth SAR 24.4 million during the first nine months of 2021 against net losses of SAR 20.56 million in the same period last year. Revenues increased by 29.5% …
Financial Results
Sales increased to SAR 285.64 million in H1-21
9 August 2021 00:09 PM Nama Chemicals turns to profits worth SAR 19.5m in H1-21
Riyadh – Mubasher: Nama Chemicals Company registered net profits after Zakat and tax worth SAR 19.54 million in the first half (H1) of 2021, against losses of SAR 10.66 million in H1-20. Earnings per share stood at SAR 0.837 in H1-21, versus …
Financial Results
Nama received a final offer from SIDF on 1 April
4 April 2021 11:00 AM Nama Chemicals' board approves SIDF's debt restructure offer
Riyadh – Mubasher: The board of Nama Chemicals Company has approved the debt restructure offer of the Saudi Industrial Development Fund (SIDF) to reschedule the company's defaulted loans valued at SAR 591,279. The company has held several meetings …
Management Decisions
Photo Archive
29 December 2020 04:44 PM Nama Chemicals files lawsuit against former CEO
Riyadh – Mubasher: Nama Chemicals Company announced filing a lawsuit before Dammam Commercial Court against the company’s former CEO, Abdullah Bin Ouda Al Enazi, who was terminated on 25 August 2019.   Nama accused Al Enazi of administrative and …
Corporate Actions
All plants will resume operations on 11 December 2020.
19 November 2020 11:19 AM Nama Chemicals shuts down Hassad Petrochemical Complex for maintenance
Riyadh – Mubasher: Nama Chemicals Company on Thursday said it will shut down the Hassad Petrochemical Complex, an affiliate to the Jubail Chemical Industries Company (JANA), for around 22 days starting from 19 November 2020 for periodical …
General News
Third-quarter revenue amounted to SAR 99.95 million.
29 October 2020 04:51 PM Nama Chemicals’ losses deepen 55% in Q3
Riyadh – Mubasher: Nama Chemicals Company’s net losses widened by 54.91% on an annual basis during the period from July to September in 2020 to reach SAR 9.9 million. The higher losses were attributed to a drop in average selling prices of end …
Financial Results
Nama recorded a net loss of SAR 6.394 million in Q3-19
11 November 2019 00:35 PM Nama Chemicals swings to loss in Q3
Riyadh – Mubasher: Nama Chemicals Company turned into losses during the third quarter of 2019, when compared with last year, according to the company’s interim financial results. Nama recorded a net loss of SAR 6.394 million ($1.707 million) in …
Company News
The decision is effective starting from Sunday
3 November 2019 10:56 AM Nama Chemicals names new CEO
Riyadh – Mubasher: The board of directors of Nama Chemicals Company has approved appointing Abdullah bin Mohamed Al Salem as the new CEO. Al Salem replaces Mohammed bin Abdullah Al Mansour, according to a bourse filing on Sunday. The decision is …
Company News
The proposal was cancelled as the plan proved to be infeasible
26 August 2019 00:36 PM Nama Chemicals’ board cancels capital hike recommendation
Riyadh – Mubasher:  The board of directors of Nama Chemicals Company has cancelled a previous recommendation to raise the company’s capital by SAR 200 million. The Saudi-based firm noted that the proposal was cancelled as the plan proved to be …
Company News
The board has appointed Al Mansour as the firm’s acting CEO
26 August 2019 10:02 AM Nama Chemicals names new acting CEO
Riyadh – Mubasher: The board of directors of Nama Chemicals Company has terminated the company’s CEO, Abdullah Bin Ouda Al Enazi, effective from Sunday, 25 August. The board has also appointed Mohammed Bin Abdullah Al Mansour as the firm’s acting …
Company News
Nama moved to losses recoding SAR 1.02 million in Q2-19
7 August 2019 00:00 PM Nama Chemicals swings to losses in Q2
Riyadh – Mubasher: Nama Chemicals Company disclosed its initial financial results for the second quarter of 2019. The company moved to losses recoding SAR 1.02 million in Q2-19, against profits of SAR 23.4 million in Q2-18, according to a bourse …
Financial Results
Nama Chemicals reported turning a profit with SAR 35.3 million in 2018
1 April 2019 04:07 PM Nama Chemicals terminates CEO Kamal Fatayerji
Riyadh – Mubasher: Nama Chemicals Company on Monday announced that its board of directors decided to terminate the employment of its CEO Kamal Mohammed Fatayerji as of 1 April. Nama Chemicals reported turning a profit with SAR 35.3 million ($9.41 …
Corporate Actions
Nama Chemicals attributed the positive turn in 2018 financials to a rise in the average of selling prices
19 March 2019 04:39 PM Nama Chemicals turns profitable in 2018
Riyadh – Mubasher: Nama Chemicals Company on Tuesday reported turning a profit during 2018, against suffering losses in 2017. The firm’s net profits after calculating Zakat and Tax amounted to SAR 35.3 million ($9.41 million) last year, against …
Financial Results
Nama Chemicals attributed the positive turn in its third-quarter financials to a growth in the average selling products
1 November 2018 05:05 PM Nama Chemicals turns profitable in 9M
Riyadh – Mubasher: Nama Chemicals Company on Thursday announced turning to profit during the third quarter of 2018, against suffering losses in the year-ago period. The firm’s net profits amounted to SAR 749,000 during Q3-18, versus a loss of SAR …
Financial Results
Nama announced resuming operation at its allyl-alcohol, Epichlorohydrin and chlorine alkaline plants
14 October 2018 11:19 AM Nama Chemicals starts maintenance work after limited leak
Riyadh – Mubasher: Nama Chemicals Company on Sunday announced that it has begun maintenance work at one of the Epichlorohydrin pipelines after a limited leak. This pipeline links Jubail Commercial Port and reservoirs of Jana Company,  Nama …
General News
Photo Archive
12 October 2018 00:28 AM Nama Chemicals seek approval to raise capital
Mubasher: Nama Chemicals announced on Thursday that it has filed for a capital hike through the issuance of bonus shares. The company requested the approval of the Capital Markets Authority (CMA), according to a statement to the Saudi Stock …
Trading Activities